What is the ocean freight market between india and US in terms of TEUs

Question

Accepted Answer

The ocean freight market between India and US in terms of TEUs is highly competitive and dynamic, with various carriers offering services and routes.

The ocean freight market between India and US is one of the busiest trade routes in the world.
Major carriers like Maersk, CMA CGM, and MSC operate on this route, offering regular services for both import and export cargo.
The market is influenced by factors such as fuel prices, demand-supply dynamics, and geopolitical events.
The average cost for shipping a 20-foot container (TEU) from India to the US ranges from $1000 to $3000, depending on the carrier and route.
The market is constantly evolving with new technologies and innovations to improve efficiency and reduce costs.

Popular interview questions of Senior Vice President